SUPPLY OF SUBJECTS TO PRIVATE SCHOOLS.

France’s Almost Public Private Schools

This paper characterizes the determinants and implications of private schooling in a large and detailed set of French data. Empirical models detect negative selection into private schooling on observable and unobservable ability, while State-provided education appears more suitable to students with culturally privileged family backgrounds and high observed ability. The estimated effects are sma...

Private Supply of Fiat Money

The question of whether private money is viable in the absence of any external control is an old one. We address it in an economy with decentralized trade and information where a self-interested agent, the bank, has the monopoly over the provision of fiat money and is not limited on how much it can issue over time. The assumption of decentralized information is a crucial one and sets this work ...

Public Supply of Private Goods

From Private Supply Networks and Shared Supply Webs to Physical Internet Enabled Open Supply Webs

the caspian sea s role in energy supply to china

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